EBIT (Annual)

EBIT: Income before interest and taxes.

Michelin (MGDDY) had EBIT of $2.85B for the most recently reported fiscal year, ending 2024-12-31.

Quarterly Annual

Figures for fiscal year ending 2024-12-31

Income Statement Financials
Revenue	$29.43B
Net Income	$2.04B
Cost of Goods Sold	$21.04B
Gross Profit	$8.38B
Operating Expenses	$26.58B
Operating Income	$2.85B
Non-Operating Income/Expense	$-201.27M
Pre-Tax Income	$2.65B
Normalized Pre-Tax Income	$2.65B
Income after Taxes	$2.05B
Income from Continuous Operations	$2.05B
Consolidated Net Income/Loss	$2.05B
Normalized Income after Taxes	$2.05B
EBIT	$2.85B
EBITDA	$4.99B
Weighted-Average Shares Outstanding (Basic)	1.42B
Weighted-Average Shares Outstanding (Diluted)	1.43B
Earnings per Share (EPS) (Basic)	$1.43
Earnings per Share (EPS) (Diluted)	$1.42
Balance Sheet Financials
Current Assets	$16.60B
Property, Plant, and Equipment	$13.80B
Long-Term Assets	$23.82B
Total Assets	$40.42B
Current Liabilities	$9.43B
Long-Term Debt	$943.59M
Long-Term Liabilities	$10.83B
Total Liabilities	$20.25B
Common Equity	$20.16B
Tangible Shareholders Equity	$14.81B
Shareholders Equity	$20.16B
Common Shares Outstanding	1.41B
Cash Flow Statement Financials
Cash Flow from Operating Activities	$4.69B
Cash Flow from Investing Activities	$-2.28B
Cash Flow from Financial Activities	$-859.19M
Beginning Cash	$2.72B
End Cash	$4.26B
Increase/Decrease in Cash	$1.54B
Stock-Based Compensation	--
Common Stock Dividends Paid	$-1.04B
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	1.76
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.04
Debt to Equity Ratio	0.06
Gross Margin	28.49%
Operating Margin	9.68%
EBIT Margin	9.68%
EBITDA Margin	16.97%
Pre-Tax Profit Margin	8.99%
Profit Margin	6.93%
Free Cash Flow	$4.69B
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.73
Inventory Turnover	3.41
Receiveable Turnover	7.56
Days Sales in Receivables	48.25
Return on Equity	10.14%
Return on Tangible Equity	13.81%
Return on Assets	5.06%
Return on Investments	9.69%
Book Value Per Share	$14.29
Free Cash Flow per Share	$3.27
Operating Cash Flow per Share	$3.27

Data from Zacks Investment Research, Inc.